What Is a Tariff

question 106

Multiple Choice

What is a tariff?

• A)A limit on the amount of products that can be imported into a country
• B)A limit on the amount of products that can be exported out of a country
• C)A tax on goods and services imported into a country
• D)A tax on goods and services exported out of a country
• E)The rate at which goods and services are traded internationally

---

Definitions:

Bell Peppers

Culinary vegetables that come in various colors including red, yellow, and green, known for their sweet and slightly spicy flavor.

Black Beans Price

The cost at which black beans are sold, varying based on market demand, supply conditions, and other economic factors.

Bell Peppers

Bell Peppers are a type of large, sweet pepper that comes in various colors, including red, yellow, green, and orange, used in culinary dishes worldwide.

Budget Constraint

The limits imposed on household choices by income, wealth, and product prices, defining the feasible combinations of goods and services that a consumer can afford.